ESOP · DOL Form 5500 · 2022
1st State Financial, Ltd. ESOP
Data updated 2026-08-25
- $1M
- Total assets Small plan by assets
- 63
- Participants Small participant base
- 25th
- Percentile by assets National rank
- $15,947
- Avg per participant Low balance/head
Official DOL plan name: 1st State Financial, Ltd. Employee Stock Ownership Plan · Sponsored by 1st State Financial, Ltd. · Michigan · Finance & Insurance
$1M in assets, 63 participants
1st State Financial, Ltd.'s 1st State Financial, Ltd. Employee Stock Ownership Plan reported $1M in total assets and 63 participants in its 2022 DOL Form 5500 filing, ranking in the 25th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #1,523 in Finance & Insurance (9,261 peers)
1st State Financial, Ltd. multi-year trail
1st State Financial, Ltd.'s plans moved +47.5% in assets from 2022 to 2024; this filing shows 1st State Financial, Ltd. Employee Stock Ownership Plan at $1M / 63 participants.
- #1,523
- in Finance & Insurance (9,261 peers)
- +15.2%
- assets growth YoY
1st State Financial, Ltd. Employee Stock Ownership Plan among the smaller filed plans by assets
1st State Financial, Ltd. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,004,666 25th percentile higher than 25% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
1st State Financial, Ltd. Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 1st State Financial, Ltd. Employee Stock Ownership Plan is a small filing (63 participants) on this national headcount ladder.
Form 5500 schedule snapshot
Filing strip 450524084 · 1st State Financial, Ltd. PY 2022 · ESOP
1st State Financial, Ltd. Employee Stock Ownership Plan · $1M · 63 · 25th
- PHOTO $1M
- PHOTO 63
- PHOTO 25th
- PHOTO ESOP
- PHOTO near Fresno Plumbing & Heating, Inc. Employee Stock Ownership Plan
- PHOTO ind #1523
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Michigan →
1st State Financial, Ltd. Employee Stock Ownership Plan in the asset neighbourhood
1st State Financial, Ltd. multi-year asset trail
Sponsor-wide plan assets over time
All 1st State Financial, Ltd. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1M 47.482347367184715% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 63 | $1M |
| 2023 | 1 | 67 | $1M |
| 2024 | 1 | 68 | $1M |
1st State Financial, Ltd. filing trail (2022)
| Total Assets (Beginning of Year) | $872K |
|---|---|
| Net Assets (End of Year) | $1M |
| Net Income | $133K |
| Employer EIN | 450524084 |
| Plan Effective Date | 2015-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.1B · 1,155
- The Kendall Group Employee Stock Ownership Plan $726M · 1,817
- Project Worldwide, Inc. Employee Stock Ownership Plan $395M · 977
- Motor City Electric Co. Employee Stock Ownership Plan $191M · 209
- Bandit Holding Company, Inc. Employee Stock Ownership Plan $182M · 591
1st State Financial, Ltd. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Michigan, the nearest ESOP by assets is Fresno Plumbing & Heating, Inc. Employee Stock Ownership Plan in CA ($1M); by covered participants it is Test Double, Inc. Employee Stock Ownership Plan in OH (63 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1M here).
Similar participant headcount
Nearest other-state filings by covered participants (63 participants); asset peers above are excluded.
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.